Jan 10, 2024
Over the past decade, homeownership costs have skyrocketed, posing affordability challenges amidst soaring home prices and high mortgage rates. Did you know that beyond mortgage payments, US homeowners spend an average additional $17,459 yearly? However, these...
Dec 1, 2023
Owning a home is a crucial part of finding financial freedom, but deciding when to make the move into homeownership is never an easy decision. That decision is especially hard today with home prices and mortgage rates at record highs. Buying a home now would likely...
Nov 7, 2023
Earlier this week, an article was posted to fortune.com with this headline: The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates On first read, this clearly sounds like a warning that...
Nov 1, 2023
By now, everyone knows that demand in the housing market has seen a bit of a slump as homebuyers hold back in hopes of improving affordability. Home prices are still near all-time highs, and last week the average 30-year fixed mortgage rate hit a 23-year high. But...
Oct 25, 2023
Over the last week, there has been an increase in the number of news articles and talking heads warning that major home price declines are on the horizon. This negativity is largely in response to the release of Zillow’s September 2023 Market Report. The report...
Oct 18, 2023
We understand how incredibly frustrating and disheartening the current mortgage rate environment is. Everybody had a prediction going into Summer 2023 that mortgage rates would decrease. Unfortunately, the resilient U.S. economy, the Fed’s ongoing war on inflation,...
